Individual Shareholders

Employee Shareholding

The various Company savings plans give the employees of French Group Companies belonging to these savings plans access to several collective mutual funds (CMF), including a Fund invested in shares of the Company (TOTAL ACTIONNARIAT FRANCE).


The capital increases reserved for employees are conducted under PEG-A through the TOTAL ACTIONNARIAT FRANCE fund for employees of the Group’s French subsidiaries and through the TOTAL ACTIONNARIAT INTERNATIONAL CAPITALISATION fund for the employees of foreign companies. In addition, U.S. employees participate in these operations through ADRs, and Italian and German employees may participate by directly subscribing to new shares at the Caisse Autonome of the Group in Belgium.


As of December 31, 2011, the employees of the Group held 103,413,407 TOTAL shares*, representing 4.37% of the Company’s share capital and 8.01% of the voting rights that could be exercised at the shareholders’ meeting, either by the CMFs’ or individually.


The TOTAL shares held by employees as of December 31, 2011, are as follows:


TOTAL ACTIONNARIAT FRANCE                   
78 607 765
TOTAL ACTIONNARIAT INTERNATIONAL CAPITALISATION         
19 691 590
ELF PRIVATISATION N°1 929 494
Shares held by U.S. employees 454 305
Group Caisse Autonome in Belgium 436 431
TOTAL shares from the exercise of the Company’s stock options and held as registered shares within a Company Savings Plan (PEE)                                
3 293 822
Total shares held by employee shareholder funds 103 413 407

* on the basis of the definition of employee shareholding contained in article L. 225-102 of the French Commercial Code.

Graph on the evolution of the Group's Employee Shareholding

Click to enlarge